Market outlook for 26/10/2016

Nifty closed down 17.65 points (0.20%) at 8691.30 while Future closed at 8700.35, premium of 9.05 points.
Bank Nifty closed up 27.00 points (0.14%) at 19834.90 while Future closed at 19844.85, premium of 9.95 points.

• FII sold in Cash (Net sell 606.34 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 1493.43 Crore)
• DII bought in Cash (Net buy 389.11 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 679:952.
• McClellan's oscillator for NSE at +21.

NIFTY TECHNICAL

Current Spot: 8691.30
Pivot: 8692
5DEMA: 8685
10DEMA: 8678
20DEMA: 8687
50DEMA: 8695
Parabolic SAR: 8524
RSI (14 days): 49.83
Supports: 8662 - 8633 - 8603
Resistance: 8721 - 8752 - 8781

Nifty Future VWAP: 8690.36
Nifty Future VIX Range: 8632 - 8774
MP Values Nifty Future: VAH - 8714, POC - 8702, VAL - 8681

BANKNIFTY TECHNICAL

Current Spot: 19834.90
Pivot: 19823
5DEMA: 19690
10DEMA: 19576
20DEMA: 19543
50DEMA: 19481
Parabolic SAR: 18889
RSI (14 days): 57.77
Supports: 19724- 19612 - 19513
Resistance: 19934 - 20034 - 20145

Bank Nifty Future VWAP: 19797.85
Bank Nifty Future VIX Range: 19642 - 20061
MP Values Bank Nifty Future: VAH - 19856, POC - 19805, VAL - 19754

Thanks and Regards

MarketPulse S&P